I don't understand how GRIN's emission rate is more fair than those of all the gosh knows how many other coins that emit the same number of coins per block forever, unless GRIN increases the reward per block the more blocks have already happened?
The rate at which minting inflates the supply is shown as declining over the years, but maybe that is just because the increased amount of reward doesn't quite make up for the ever-accumulating number already minted?
Some posts above seem to strongly hint emission is constant per block but then others claim somehow that all the other countless coins doing that simple an emission are somehow less fair to future generations?
GRIN sounds like a coin the
Galactic Milieu could well adopt, maybe as the currency of some civilisation that likes privacy or even as something the secret services of various, even possibly many, civilisations could use, for example to co-ordinate black ops operations among more and more allied civilisations as more nations join the (galactic) United Nations or simply as more and larger alliances are formed.
A comment earlier in this thread suggested needing a treasury is a feature only of scams, but possibly the kind of treasury meant there was different from the kind of treasury the Milieu uses to enable the game to directly compute a value per coin by dividing the total value of its treasury by the number minted.
A coin for use by many civilisations' secret services could well be a good example of an application wherein it might well be best for each concerned / involved / supporting civilisation to have its own distinct separate secure such treasury for such a coin, so maybe ultimately the some-thought-facetious "TeXan Bucks (TXB)" proposal, whereby five or so major "central banks" of five or so major civilisations would each hold deposits of hard currency on behalf of the Texans of
the planet known as M4 and each such deposit-account would be separately used to calculate a per unit value for TXB rather than adding up the value of all of them to calculate a per unit value for TXB, was not really as facetious as some may at the time have imagined.
(The hard currency in question would have been BiTCoin, whose blockchain is itself the central bank of the Hacker civilisation so ultimately all those other central banks would have been holding the keys to deposits of hard currency at the "Bank Of and For Hackers", BOFH.
The Texans seem a natural civilisation to have come up with such an idea simply because as everyone knows Texans do everything bigger and better and so on than some other civilisations that possibly are best left unspecified but that are according to some Texans extremely numerous.)
The cheaper the coin can be acquired of course the less onerous the assembling of such an array of treasuries would be.
It has long been advised that security by obscurity is no security, but nonetheless it seems to me obscurity could be at least some small edge over running around the galaxies shouting "look at me, look at me, you can't see me!"...
-MarkM-
